PH, China ink 10 infra loan deals

Inquirer.net 08/29/2018

AT LEAST 10 loan agreements for infrastructure projects will be signed when Chinese President Xi Jinping visits the Philippines in November, Budget Secretary Benjamin E. Diokno said. The Philippine and Chinese sides are fast-tracking the financing for…

City to pay amortization for SRP loan on Monday

Morexette Marie B. Erram 08/18/2018

THE Cebu City government is set to pay its second amortization of the year on Monday (Aug. 20) for the loan it incurred from the Japanese government for the construction of the South Road Properties (SRP). As…

PB authorizes gov for loan pact with DBP

Rosalie O. Abatayo 05/08/2018

The Cebu Provincial Board authorized Gov. Hilario Davide III to enter into negotiations with the Development Bank of the Philippines to finance construction of a 20-storey multipurpose modern building at the Capitol Compound. During Monday’s regular session,…

SSS offers calamity loan for displaced workers in Boracay

Futch Anthony Inso 05/04/2018

The Social Security Service is offering calamity loan to residents and displaced workers in Boracay. Alexander Christian Erl Genelza, information officer of SSS-Cebu Branch, said that displaced workers from Boracay who are now working here in Cebu…

City eyes P3B LBP loan offer

Jose Santino S. Bunachita 10/31/2017

  Cebu City Mayor Tomas Osmeña is planning to avail of the P3-billion loan with the Land Bank of the Philippines (LBP) to fund various infrastructure, drainage and road concreting projects. If pursued, City Hall will have…

GSIS shortens benefit, loan processing period

Inquirer.net 09/06/2017

THE state-run pension fund Government Service Insurance System has cut short the processing periods for members and retirees’ benefits. “Retirement and life insurance claims are now being processed within 30 days from 90 days, even shorter than…

PH eyes P140B loan from China

Inquirer.net 08/01/2017

To fund infra projects The government plans to borrow P140 billion from China on top of securing P6 billion in grants for infrastructure projects, Finance Secretary Carlos G. Dominguez III said Tuesday. Dominguez told the House appropriations…

Cash Credit launches Pera Agad in Cebu

PR 05/22/2017

OUT of cash to start up your business, pay bills and even get rewarded? Worry no more as Cash Credit brings Pera Agad right to your doorsteps. To deliver its services in the easiest and most convenient…

PASSI secures P120 million loan for expansions

Aileen Garcia-Yap 05/08/2017

A Cebu-based company engaged in medical and septage waste treatment business has secured a P120 million loan from the Development Bank of the Philippines (DBP) to finance upgrading and expansions set this year. In an interview, Pollution…

Toledo City inks P1.3B loan deal with LBP

Jose Santino S. Bunachita 05/05/2017

MAJOR infrastructure projects may soon break ground in the midwestern City of Toledo. Mayor John Henry Osmeña announced in a post on his Facebook account that the city has entered into a P1.3-billion loan agreement with Land…

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